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Jan 16, 2013
01/13
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on the tax deal, house republican leaders had political cover from senate republicans. on sandy, chris christie provided the political cover, leaving house leaders, frankly, cowering. now the kotch brothers, through a group they backed, called americans for prosperity, are the latest to give boehner and other house leaders cover on the debt ceiling, as they get their rank and file to pick other political fights. tim phillips, president of americans for prosperity, told the financial times, quote, we're saying calibrate your message, focus on long-term spending instead of long-term debt. focusing on the debt ceiling makes the message more difficult. when i asked walden about the debt ceiling yesterday, he was clearly noncommittal, hinting on where the republican leadership maybe is on this. if there's not a majority in the house republican to raise the debt limit, but there is a majority in the house of representatives to raise a clean debt limit, would this leadership be willing to do that? >> you know, let's look at how do we avoid default on america and american's deb
on the tax deal, house republican leaders had political cover from senate republicans. on sandy, chris christie provided the political cover, leaving house leaders, frankly, cowering. now the kotch brothers, through a group they backed, called americans for prosperity, are the latest to give boehner and other house leaders cover on the debt ceiling, as they get their rank and file to pick other political fights. tim phillips, president of americans for prosperity, told the financial times,...
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Jan 13, 2013
01/13
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i think the main reason that they -- they don't want fica taxes to get so low that people get used to paying an amount that can't fund the social security trust fund. it's odd because of all the things we discussed in the fiscal cliff. >> yeah. >> most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they -- no one talked about it. >> few were talking about it. they were just trying to get to a deal as you're saying there now, dave. now we're seeing this real impact on the paychecks, might there be political backlash from voters for the president or for republicans on this. i almost said the beauty. kind of using the word ironically. the beauty of this issue like this where neither party advocated for it. neither party thinks they can be blamed. >> hurt by it. >> we know what republicans propose in various rounds of fiscal cliff negotiations, and they never proposed an extension to this. they could cynically say, look, and you hear some kind of republican pundit
i think the main reason that they -- they don't want fica taxes to get so low that people get used to paying an amount that can't fund the social security trust fund. it's odd because of all the things we discussed in the fiscal cliff. >> yeah. >> most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they -- no one talked about it. >> few were talking...
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Jan 17, 2013
01/13
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FBC
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ neil: cornhusker playing tax buster. the republican governor is not showing taxes love. double down on cuts and a lot of cuts. he joins republicans looking to roll back a variety of taxes. dave right now, governor, exbrain you are doin
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of...
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Jan 20, 2013
01/13
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CSPAN
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by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spending, pay our bills, and keep the government running. it will be planned to slowly but surely, what our nation out of debt, deficit, and declined garrett on your behalf, we will insist the democrats who run the rest of washington to the same. this debate is often argued in numbers and figures but it is really about and families like yours that bear the burden of a slow economy. constant uncertainty and. ever-changing government rules chase our jobs and opportunities overseas. when day to day life costs more and jobs pay less, we do not solve the problem by
by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spending, pay our bills, and keep the...
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Jan 17, 2013
01/13
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FBC
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worse
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to...
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Jan 20, 2013
01/13
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if you go to a gun store in your state or community, an owner has to pay taxes, state taxes, local taxes. it has to follow the rules or he/she will lose the license. a lot of gun shop owners i talk to say why should we have to do all this? these guys can set up in the parking lot and have a gun show and not have to follow those rules. if you're going to have rules it is going to be for everybody. you cannot say the rules apply to you but not to you. you might want to close the gun show loophole. suddenly, having real background check. if i purchase a weapon, i have to go through a background check the same way you would. that should apply to everybody. they do not have any way to check on that as california has found. a lot people should not have weapons but do because there is that a way to compare records, a felony records and so on. let's close that so we can say whatever rules we have will apply the same to everyone. >> i want to ask you some more about guns. one of the things i want to point out is you have another big domestic policy item in your camp which is immigration. you are
if you go to a gun store in your state or community, an owner has to pay taxes, state taxes, local taxes. it has to follow the rules or he/she will lose the license. a lot of gun shop owners i talk to say why should we have to do all this? these guys can set up in the parking lot and have a gun show and not have to follow those rules. if you're going to have rules it is going to be for everybody. you cannot say the rules apply to you but not to you. you might want to close the gun show...
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Jan 19, 2013
01/13
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subject to payroll taxes, they said it would hurt the economy. that would be far more damaging, they said to economic growth than what we're asking people to consider. if you raise the taxes, you will have an immediate effect on employment and economic activity. so if you're a ceo who makes maybe only a million, you're taxed on the first tenth of your income. if you're making $60,000 a year, every one of your $60,000 is taxed for social security. and this is the kind of thing, it just drives me crazy. you know what the flip side of these guys loving their jobs, never ever wanting to leave not even when they're old and they have lots of grand kids, they're not stopping the ceos of cesars because they're paying payroll taxes on more of their income. they love their job, folks at the top that convince themselves that things wouldn't hurt at all like raising the retirement age, are easy no-brainers, that are just common sense. they convinced themselves of things that will hurt them and devastating the economy. when they say no to higher taxes, they a
subject to payroll taxes, they said it would hurt the economy. that would be far more damaging, they said to economic growth than what we're asking people to consider. if you raise the taxes, you will have an immediate effect on employment and economic activity. so if you're a ceo who makes maybe only a million, you're taxed on the first tenth of your income. if you're making $60,000 a year, every one of your $60,000 is taxed for social security. and this is the kind of thing, it just drives me...
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Jan 14, 2013
01/13
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they could say we'll do it differently, taxes, spending. it's less than $1.2 trillion. they have the power of negotiation over that or else that kicks in automatically. or the continuing resolution that funds the government is going to expire at the end of march. so again, republicans and they did this in early 2011 a couple of times. republicans could walk up to the line to shut the government down for a few days if the demand aren't met and tried in it 1995. these are the leverage points, none of this is healthy for governance but talking about using the debt ceiling for leverage, you're talking about completely and totally changing the basic norms of how congressional parties behave and flirting with economic catastrophe so the challenge for john boehner and the republicans who do at a certain level know better try somehow to get the republican caucus to fix on the sequester an the continuing resolution and not make it about the debt ceiling. >> let's hear from the world's foremost expert on the politically disastrous consequences of shutting down the government, new
they could say we'll do it differently, taxes, spending. it's less than $1.2 trillion. they have the power of negotiation over that or else that kicks in automatically. or the continuing resolution that funds the government is going to expire at the end of march. so again, republicans and they did this in early 2011 a couple of times. republicans could walk up to the line to shut the government down for a few days if the demand aren't met and tried in it 1995. these are the leverage points,...
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Jan 14, 2013
01/13
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COM
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taxes raised a bit but no sequester. we saved the lady. but we ourselves had tied to the track. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a party folks not happy with the deal that he struck >> the president was able to get the speaker to undo everything he had promised he would do >> where are you? mr. speaker, we need leadership. >> tonight i am ashamed, shame on you, mr. speaker. >> jon: republican or democrat, senator or congressman, team edward or team jacob, everyone agrees john boehner sucks. at least we can be assured that as the incoming congress votes for a new speaker of the house, it's clear what the out
taxes raised a bit but no sequester. we saved the lady. but we ourselves had tied to the track. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can...
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Jan 21, 2013
01/13
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to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president obama has been slow to the table in part because he doesn't see republicans as a worthy partner for the steps that have a strong political fallout. people will punish you for people cutting the entitlement programs people punish you at the polls rhetorically. one of steve's great heros congressman ryan of wisconsin took some of that risk and saw the kind of pounding that you take for saying, yes, i would make strong cuts when it comes to something like medicare. i think president obama has been reluctant to join in that junk without knowing that in fact speaker
to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president obama has been...
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Jan 14, 2013
01/13
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CNBC
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and that is because the federal and local tax rates, marginal tax rates combined in high tax states are not on high income taxpayers are now in the neighborhood of 50%. in my home state of connecticut, it's 48.5%, in new jersey and new york, it's higher. and in california, it's higher again. >> right. >> and 50% is well past the peak of the curve, meaning that as production rises -- as taxes rise, production diminishes. so, when taxes go to 100%, production goes to0 and the government collects nothing. >> right. >> so, as taxes rise, the government's stake will diminish. and the government's stake is maximized somewhere between 40% and 45%. and we are beyond that. so, the government's stake is going to diminish from here on, so raising taxes is no longer going to be an answer to deficit reduction and apparently neither is cutting spending. >> yeah, i mean, i guess, you know, the broad -- the broad populous, you know, the people, i don't know that they necessarily understand the implications of not cutting spending, because it does feel like, you know, it constantly goes on the republica
and that is because the federal and local tax rates, marginal tax rates combined in high tax states are not on high income taxpayers are now in the neighborhood of 50%. in my home state of connecticut, it's 48.5%, in new jersey and new york, it's higher. and in california, it's higher again. >> right. >> and 50% is well past the peak of the curve, meaning that as production rises -- as taxes rise, production diminishes. so, when taxes go to 100%, production goes to0 and the...
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Jan 15, 2013
01/13
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FBC
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even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid. that is their mortgage emergencies, that upsetting the other stuff, defaulting it is not, that is why some republicans are paying so tough, raise but only if you match in equal spending cut, president said that is crazy, tea party activist thinks that going through this shar charade is cr, what do you think? >> i am so glad that you are pointing this out, i think it is so irresponsible -- i know that very few others in the media are going to point this out. this is a perpetual problem, it is a lie. and it is u
even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when...
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Jan 20, 2013
01/13
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CNN
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the president won the election and all about taxes and he got his taxes. $60 billion a year and runs the government for five days. he has to challenge his party on spending, which he has not been willing to do. >> first of all, we're not talking about 30, we had 85 votes. it doesn't help if you caricature. the fiscal cliff a deal/deal and joe biden. we got less than we wanted. i would have liked to have based taxes on people making $300,000 a year. but we had 85 republicans for that. on the hurricane, that was a very bipartisan deal in the senate and the notion that we were going to peel off a few, that shouldn't be partisan at all. after spending, i agree. here's the problem. the biggest increase in spending in the last, in this century has been a military spending. unpaid for in iraq, an unnecessary war. afghanistan, military spending else where. i very much want to cut spending but people who want to exempt the military from spending cuts. >> you have to have the last word on that. >> every penny to the pentagon and every penny the government spends, we still borrow $300 billion a
the president won the election and all about taxes and he got his taxes. $60 billion a year and runs the government for five days. he has to challenge his party on spending, which he has not been willing to do. >> first of all, we're not talking about 30, we had 85 votes. it doesn't help if you caricature. the fiscal cliff a deal/deal and joe biden. we got less than we wanted. i would have liked to have based taxes on people making $300,000 a year. but we had 85 republicans for that. on...
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Jan 14, 2013
01/13
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CNNW
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he had won an election over the tax issue and the republicans lost over the tax issue. they're pushing that so far off the table that i don't even hear them talking about tax reform anymore. the president is making a gamble here, that the public will see the republicans as irresponsible and absurd, as he called them, that you can't let the united states of america default, that's not who we are, and that the american public will be embarrassed by this fight. the republicans are making the calculation, you know what, the public is going to be on our side, because we have to get on a path of fiscal sustainability over the long term so they're going to be with us, they're going to want spending cuts. >> we've been measuring the political pressure on the speaker as it builds, it seems, to a big climax here. how much pressure is he in right now? >> huge amount of pressure. don't forget, he didn't have a great time in the fiscal cliff fight. he couldn't bring a majority of his own caucus to vote for that final proposal. this time, his own caucus has put him on notice. a, don'
he had won an election over the tax issue and the republicans lost over the tax issue. they're pushing that so far off the table that i don't even hear them talking about tax reform anymore. the president is making a gamble here, that the public will see the republicans as irresponsible and absurd, as he called them, that you can't let the united states of america default, that's not who we are, and that the american public will be embarrassed by this fight. the republicans are making the...
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Jan 20, 2013
01/13
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WJLA
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obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun violce, sales went through the roof. can ththe president moving now to this time around? >> there is more desire for control than ever bui do not think congress will budge on the big stuff. it is not going to get done. what the nra did was odiou i think the president is on the high ground, but i do not think he will get done real gun- control. >> these 23 executive action re fairly trivial, there was nothing major about it. i think it will not have any effect, it was the appearance of motion. the three big items on the table for congress, the assault weapons ban, the limit on the size of the magazine clip,
obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun...
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Jan 20, 2013
01/13
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KRCB
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obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time around? >> no, and it is trupublic inion has changed, there is more desire for gun control than ever but i do not think congress will budge on the big stuff. what the nra did was odious. i think the president is on the high ground, but he will not get real gun-control done. >> the 23 executive actions were fairly trivial, nothing major about it. i think it will not have any effect. it was the appearance of motion. the three big items on the table for the cgress, assault weapons b, limit othe size of the magazine clip, and universal background checks -- the last one has very strong public opinion behind it
obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time...
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Jan 18, 2013
01/13
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and you were targeted because you voted for a tax increase. but at the time you said, "there are times in all our careers when we must ask ourselves why we're here." marjorie, great to have you with us tonight on "the ed show." >> nice to be here. >> you are an example of courage, and the president has said this is going to take courage. can you apply what you went through to today's gun debate? what do you think? >> oh, well, i was also targeted. i mean, they just loaded both of the barrels and came after me also. i was just talking tonight with somebody who worked for me in my congressional office, arlene halpernin. she said the phones never stopped ringing. and that's one of the problems. but as a member of congress you have to understand that people do not call in when they're satisfied. so nine out of ten calls said vote against this. and at that time it was in '93 and we were talking about an omnibus spending bill. it was a deficit reduction bill but of course it was called the tax increase. and there were things in the bill that i liked
and you were targeted because you voted for a tax increase. but at the time you said, "there are times in all our careers when we must ask ourselves why we're here." marjorie, great to have you with us tonight on "the ed show." >> nice to be here. >> you are an example of courage, and the president has said this is going to take courage. can you apply what you went through to today's gun debate? what do you think? >> oh, well, i was also targeted. i mean,...
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Jan 14, 2013
01/13
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KNTV
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i think in the end, that the president will pick off enough republicans as he did in the tax fight to be the winner. chris: let me ask you about this chuck hagel thing. a roundtable on this. will hagel get confirmed, john? >> i think so, yes. there's overwhelming deference for cabinet picks. chris: on the hill now? >> likely. look to democrats like chuck schumer as ways to read what's going on. chris: do you think -- he'll tell us a lot? >> yes. chris: and carden. some. other guys from big cities. >> i think he will come through in the end. >> yes, he will. but the people who might otherwise oppose him are going to get something out of it. i don't know what. chris: what about -- >> chuck schumer. >> not just chuck schumer. but other reassurances, for example, among the neo-cons. about iran, about israel, and so forth. you're going hear a lot more statements publicly from the president in order to make sure that hagel gets through. which he will. chris: let's go about the gun issue. which is very troubling to a lot of people. will we get a substantial package that looks like the n.r.a.
i think in the end, that the president will pick off enough republicans as he did in the tax fight to be the winner. chris: let me ask you about this chuck hagel thing. a roundtable on this. will hagel get confirmed, john? >> i think so, yes. there's overwhelming deference for cabinet picks. chris: on the hill now? >> likely. look to democrats like chuck schumer as ways to read what's going on. chris: do you think -- he'll tell us a lot? >> yes. chris: and carden. some. other...
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Jan 20, 2013
01/13
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FOXNEWS
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first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what lessons from that experience that president obama can take as he enters into his second term? >> president bush had the advantage of being a governor where he had to work with other people on the other side of the aisle. he did that successfully in texas. when he got to washington, d.c. he was committed to govern the country, not just the one that demanded change. he wanted to work with the democrats and republicans to bring change to reality. he did a pretty good job of it. very first meeting that george w. bush had at the white house with people outside were leaders of the democratic party. he brought i
first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what...
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Jan 14, 2013
01/13
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on the rich. >> taxes go up for singles making over $400,000 or more. it goes from 35% to 39.6%. >> 39.6%, mr. president? how is kim-ye supposed to afford a baby now? nation, nation, listen -- i don't want to brag -- but i make in excess of 400 large a year and by large i mean biggie fry, biggie coke. okay? i'm successful. if the government punishes me for it with the tax increase maybe i won't want to be anymore. >> it lowers the incentive of the people you want to take risks and to inknow rate is and to create. >> it's a disincentive to work. >> why do we want to punish success for crying out loud? why punish success? how can we makers continue to make what we make. why screen a personal husband and wife omelet team? maria, um bettero, i have terrible news. [ laughter ] thank god this horrible deal has loopholes. >> included in this bill were tax breaks for porto rican -- puerto rican rum growings, algae growers chnch -- >> stephen: which is why i'm proud to introduce captain colbert's pond rum. mmmmm, mmmmm. [cheers and applause] it's the only caribb
on the rich. >> taxes go up for singles making over $400,000 or more. it goes from 35% to 39.6%. >> 39.6%, mr. president? how is kim-ye supposed to afford a baby now? nation, nation, listen -- i don't want to brag -- but i make in excess of 400 large a year and by large i mean biggie fry, biggie coke. okay? i'm successful. if the government punishes me for it with the tax increase maybe i won't want to be anymore. >> it lowers the incentive of the people you want to take risks...
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Jan 15, 2013
01/13
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and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the discretionary spending that they would have to cut under these circumstances. so there wouldn't ever be, many republicans insist they wouldn't ever be a realistic prospect of default in this. and that is why the president uses the word "obligations," instead of the word debt because they may just agree with them that there wouldn't actually be a debt default. >> it is unclear, we literally don't know what would happen because it never happened bef e before. so a legal authority is not all obvious. so there is a question, for the treasury department, to decide if we pay off the b
and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the...
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Jan 15, 2013
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he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to continue to expand government. he doesn't care about deficits. he's not going to deal on this. >> you know, a couple of times during the news conference, i was interested in this. president obama said to congress, go ahead, give me the power and i'll issue more debt. that's really what he wants. he wants the power to issue unlimited debt so he can have unlimited spending and eventually he's going to get around to unlimited tax hikes. >> well, to be clear, as you know, when we talk about the debt, the president doesn't get to decide, you know, how much we're spending
he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to...
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Jan 14, 2013
01/13
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i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is the fact that we have already made $1.2 trillion in cuts, and at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package, but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made
i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was...
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Jan 16, 2013
01/13
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, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >> i like your time slot a lot better than ours, actually. 1:00's okay. >> try it some time, sleep in a bit. >> i'd like to. >>> coming up next, the gun lobby reacts to the president's proposals and that nra ad. >>> plus, biden, bloomberg, and gabby giffords. there's a trio inside "time's" special edition on gun control. this is "andrea mitchell reports" only on msnbc. i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! maybe you want to incorporate a business. or protect your family with a will or living trust.
, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >>...
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Jan 20, 2013
01/13
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no more taxes. are you saying that the president will only sign a budget deal if it includes new revenues? >> yes, it's got to be balanced. they weren't saying that a matter of weeks ago. speaker boehner said 800 billion from closing loopholes. what's changed in the last four weeks? nothing. there's plenty of loopholes whether shipping jobs overseas who get preferential tax treatment. the subsidies to the energy companies. loopholes for, you know, billionaires, there are things we can close here to make -- >> you're no deal if they don't -- >> we need balance, george. we need spending cuts and revenue. have to have that. >> let me talk about immigration. the president has identified immigration reform as another top priority of his second term. you mentioned it again. marco rubio has been taking the lead and jay carnie, the white house press secretary had positive words about his proposals this week. but marco rubio said this week on bill owe rile we'll show the president hasn't reached out. take a
no more taxes. are you saying that the president will only sign a budget deal if it includes new revenues? >> yes, it's got to be balanced. they weren't saying that a matter of weeks ago. speaker boehner said 800 billion from closing loopholes. what's changed in the last four weeks? nothing. there's plenty of loopholes whether shipping jobs overseas who get preferential tax treatment. the subsidies to the energy companies. loopholes for, you know, billionaires, there are things we can...
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Jan 18, 2013
01/13
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FBC
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income taxes are production taxes. they are taxes on people's ability to produce goods and services. a sales tax is a tax on consumption. on the other side of the coin. he is suggesting that he takes the sales tax exemption, people that are exempted, up to $2.4 billion, he wants to take those away and take away the income tax so that they will all be supported the things that he is doing in the state of nebraska. that is a great idea. it is a lesson that the united states congress should look at before wayne, in a federal level, you are saying congress look at this. >> it will not fly because they are morons. you have idiots up there that combined iq is minus 15. they are paid off the other way. the lobbyists would go out of business. if you had a national sales tax or a national consumption tax, it would be much better than an income tax. dagen: i understand that. it makes our national taxation system incredibly regressive, does it not? >> defined regressive for me. dagen: there is a greater burden on lower income ame
income taxes are production taxes. they are taxes on people's ability to produce goods and services. a sales tax is a tax on consumption. on the other side of the coin. he is suggesting that he takes the sales tax exemption, people that are exempted, up to $2.4 billion, he wants to take those away and take away the income tax so that they will all be supported the things that he is doing in the state of nebraska. that is a great idea. it is a lesson that the united states congress should look...
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Jan 15, 2013
01/13
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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Jan 14, 2013
01/13
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CNBC
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i didn't say i wouldn't have any conversations about extending the tax cuts. what i said was we wouldn't extend bush tax cuts for the wealthy and we didn't. you could argue during the campaign i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is, millionaires, billionaires, are paying significa ining signific taxes just like i said. from the start my concern was making sure that we had a tax code that was fair and that protected the middle class. and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 2011 is the fact that we've already made $1.2 trillion in cuts. at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth, i said at the time i think we should pair it up with revenue in order to have an overall balanced package. but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made. and we've made those cuts. now, the challe
i didn't say i wouldn't have any conversations about extending the tax cuts. what i said was we wouldn't extend bush tax cuts for the wealthy and we didn't. you could argue during the campaign i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is, millionaires, billionaires, are paying significa ining signific taxes just like i said. from the start my concern was making sure that we had a tax code that was fair and that protected the middle class....
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Jan 14, 2013
01/13
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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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Jan 14, 2013
01/13
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reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or her health care or for a scientist to shut down ground breaking research so that a multimillionaire can pay less taxes than a secretary. they don't think it's smart to close endless loopholes for wealthy americans rather than invest in our roads and to help manufacturers bring jobs back to america. they want us to bring our books in order no a balanced way where everybody pulls their weight and everybody does their part. that's what i want as well. that pie that's what i've proposed. and we can get it done, but we're going to have to make sure that people are looking at
reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or...
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Jan 13, 2013
01/13
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where do you see the tax break going this year? >> may be nowhere. $450,000 is not middle-class in most people's minds. they're going to have a tough fight. regular order has not been it would have done things anyway. regular order, -- is not the way that they have done things and do it. but it has taken to get anything done is these deadlines. -- what it has taken to get anything done is these headlines. headlines.
where do you see the tax break going this year? >> may be nowhere. $450,000 is not middle-class in most people's minds. they're going to have a tough fight. regular order has not been it would have done things anyway. regular order, -- is not the way that they have done things and do it. but it has taken to get anything done is these deadlines. -- what it has taken to get anything done is these headlines. headlines.
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Jan 21, 2013
01/13
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we could have had a speech today for 40 minutes on retrenchment, what programs we can cut or what taxes we can cut. that's not his line of country, and i don't think he benefits from that. as the congressman said, from a continuous conversation about how we can cut the government. what kind of a presidency would that be for the next four years. he has to get back to talking about the areas where we can get something done like immigration, tax reform. even the immigration parts that brings in all sorts of people. but he also has at deep seated opposition to war which i think is refreshing from the previous administration. >> chris -- >> i think that's the vice president just shaking hands with al roker of the "today" show. >> he's done it. >> i didn't see al. >> tamron? >> i love it. maybe he could have got us a really good get there. >> we're not very far from -- we're just past the white house, and they were still out of the vehicle, and i have to tell you, rachel, at one point we witnessed the first lady with a literal bounce in her step. they are soaking this in and really enjoying t
we could have had a speech today for 40 minutes on retrenchment, what programs we can cut or what taxes we can cut. that's not his line of country, and i don't think he benefits from that. as the congressman said, from a continuous conversation about how we can cut the government. what kind of a presidency would that be for the next four years. he has to get back to talking about the areas where we can get something done like immigration, tax reform. even the immigration parts that brings in...
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Jan 16, 2013
01/13
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bill install and he works his magic and the phones and gets his way on that and gets his way on the tax bill that kennedy couldn't get through. my question is when you look at the great skills and the talents that lbj had dealing with the senate and congress, do they really apply in the era of hyper polarization that we live in? the republican leader. does mitch mcconnell respond with the same? >> i think you have to remember that there was terrific polarization in the 1960s. the democratic party was in control of tourn democrats who were against the kifl rights bills and controlled the mitties. the house were mostly in control of people against the bills. they were also against most of the great society programs. he had to find republicans that would support him. what the hell is say presidency for is a quote of johnson when early 64 before his first state of the union after kennedy died, his entire staff said don't go for the civil rights bill. it's a presidential election year and hang on to the presidency and we will do it after that. he said what the hell is say presidency for? we
bill install and he works his magic and the phones and gets his way on that and gets his way on the tax bill that kennedy couldn't get through. my question is when you look at the great skills and the talents that lbj had dealing with the senate and congress, do they really apply in the era of hyper polarization that we live in? the republican leader. does mitch mcconnell respond with the same? >> i think you have to remember that there was terrific polarization in the 1960s. the...